On The Web

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Deals

Serena Williams Invests in Rent-reporting Fintech Esusu

July 19 2021

• in
• Financial Inclusion

“Serena Williams is investing an undisclosed amount in Esusu , a fintech start-up that allows renters to build and improve credit by reporting their rent payments to credit bureaus. The tennis superstar provided the backing through her venture capital firm, Serena Ventures , as part of the start-up’s first funding round… “Esusu is an excellent […]

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Why Online-travel Giant Booking Is Getting Into the Fintech Game

July 19 2021

• in
• Travel

“Add Booking Holdings Inc. to the list of e-commerce companies betting that a tighter control over the payments process will create a better experience for consumers—and a new revenue stream. The online-travel company announced earlier this month that it was launching a financial technology unit that would aim to simplify some of the monetary hurdles […]

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Giant Food Accepts Online Federal Benefit Payments

July 16 2021

• in
• Financial Inclusion

“A regional grocer is now accepting federal EBT SNAP payments for eligible items for online in-store pickup and curbside pickup orders. Consumers using federal SNAP benefits (popularly known as food stamps) now have the option to pay with an EBT (Electronic Benefits Transfer) card when placing online orders for in-store pickup and delivery at 147 […]

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Fed Seeks to Dismiss or Move Retailers’ North Dakota Lawsuit

July 16 2021

• in
• Interchange

“The Federal Reserve Board told a North Dakota federal court this month that a lawsuit brought against it by retail associations in April over its rules for debit transaction fees seeks belatedly to rehash issues already settled by the D.C. Circuit Court of Appeals in 2014. In a motion to dismiss the lawsuit, the Federal […]

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Pot Banking Bill’s Prospects Fade Amid Broader Legalization Push

July 16 2021

• in
• Cannabis payments

“When Democrats took control of the White House and Congress in January, the conventional thinking was that they would move quickly to pass pot banking reform. But Democrats’ broader legalization efforts have turned the issue on its head. Experts said lawmakers themselves know that sweeping marijuana reform will not pass.”

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Deals

EQT-Backed Waystar Buys Patientco in Payments Software Deal

July 15 2021

• in
• Healthcare

“Health-care payments software provider Waystar has agreed to buy Patientco in a deal that bolsters its ability to collect payments from patients who have become responsible for an increasing share of health-care bills in the U.S. The deal, which could be announced as soon as Thursday, is valued at more than $450 million, said people […]

On The Wires

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RocketFuel Introduces Crypto Payment Solution for Cannabis Dispensaries and Merchants

July 26 2021

• in
• Cannabis payments

“RocketFuel (OTC: RKFL) (“RocketFuel” or the “Company”), a global provider of one-click online payment options using Bitcoin and 50+ other cryptocurrencies, today announced that it will be making its payment solution available to be used by licensed cannabis dispensaries and merchants. Integrating RocketFuel into the merchant’s payment checkout will ensure that, unlike the typical cash […]

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Appsuite and TableSafe Partner to Equip Restaurants With the Ultimate End-to-End Dining Experience

July 26 2021

• in
• Hospitality

“Through a seamless integration to Oracle MICROS RES 3700 and Simphony platforms, Appsuite and TableSafe offer gift cards, loyalty and CRM together with pay-at-the-table in a premium end-to-end solution for dine-in restaurants. The integrated experience allows restaurants equipped with Oracle MICROS to maximize their existing POS and deliver next-generation hospitality features to strengthen their bottom […]

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Cincinnati Family Tech Pay Theory Announces Launch of Its Cash Acceptance Tool

July 21 2021

• in
• Financial Inclusion

“Pay Theory , a Cincinnati-based startup that provides payment solutions for school districts, childcare, and families, is excited to announce the launch of its cash payments tool to simplify the burden of making school-related payments for the roughly 30 percent of K–12 families in the US who are un- or underbanked. The Pay Theory in-person cash […]

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Secure Account-Linking And Streamlined ACH Transfers Via Plaid

July 16 2021

• in
• Issuing

“Lithic is excited to announce that we are doubling down on our commitment to building a first-class issuing experience for developers by partnering with Plaid . By connecting to over 11,000 financial institutions across the US, Canada, and Europe, Plaid’s platform powers the digital tools that millions of people rely on to improve their financial […]